Mon, 03 Aug 2015 | BUSINESS SALE
An unusual business for sale opportunity has arisen in Herefordshire with the sale of the toll bridge at Whitney-on-Wye.
The bridge was built in 1797 and has been operating under an Act of Parliament that exempts the income made on the toll from tax. It is listed as for sale for £850,000 and includes around two acres of land as well as the bridge and associated business.
Grahame Penny and Maggie Taylor are the current owners but they are selling the business and their cottage after building up the business for three and a half years. They have said that their reason for selling is that they would like to take a holiday.
Ms Taylor commented: “We bought the business when it was struggling during the downturn and have been working 24/7 to build it back up.
“We regard ourselves as custodians of an ancient monument rather than owners, and have concentrated our efforts on the land around the toll bridge to create year-round support to keep the business going.”
She added that the pair have done “all the hard graft” developing the business and are ready to hand it over to a new owner.
The bridge is one of just eight privately-owned toll bridges in the country exempt from tax, making it an unusual and potentially very profitable business.
View other businesses for sale.
The wholesale business has an established trading history and has built up a strong reputation and a loyal customer base. Business is drawn from a wide demographic of clients with a good spread across different business sectors.
This is a unique opportunity to acquire a company specialising in luxury performance cycle clothing, utilising the finest specialist fabrics and cutting-edge construction techniques.
A leading internet-based provider of customisable and curated beauty box services. Over the last decade, the business has evolved from a premier subscription service to a leading internet-based provider of highly attractive and rapidly expanding beau...
WEB-BASED
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.